A metric used in short-term rentals to measure the average length of stay for guests. Longer dwell times can indicate higher guest satisfaction and potentially less frequent cleaning and turnover costs.
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A reservation made directly with the host or property manager, bypassing third-party platforms like Airbnb or VRBO.
A comprehensive approach to managing real estate assets, encompassing financial, operational, and strategic aspects, often used interchangeably with property management in the…
A dedicated workspace within a short-term rental property, equipped with a desk, comfortable chair, and reliable internet access, catering to remote workers…
Strategies for maximizing the percentage of time a rental property is booked, using pricing adjustments, promotions, and calendar management.